Oireachtas Joint and Select Committees
Thursday, 4 July 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Insurance Sector: Discussion
Gerry Horkan (Fianna Fail) | Oireachtas source
I need two more minutes. I am the chairman of a school board and I know of other schools that were in a group insurance scheme. I think it was an Allianz group scheme. The scheme finished and the cost of insurance increased from €27,000 to €34,000. The school was informed that it had been in a good scheme but that scheme was over. No new scheme would replace it or the previous good price. That was the excuse given for the increase of €7,000 in insurance costs. That school had no claims. How can that significant increase be explained to a school where there had been no major incidents or accidents?
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